About L St / W 15th Ave

Real Estate Prices and Overview

L St / W 15th Ave median real estate price is $441,310, which is more expensive than 96.9% of the neighborhoods in
Alaska and 85.2% of the neighborhoods in the U.S.

The average rental price in L St / W 15th Ave
is currently $1,659, based on NeighborhoodScout's exclusive analysis.
The average rental cost in this neighborhood is higher than 85.5%
of the neighborhoods in Alaska.

L St / W 15th Ave is an urban neighborhood (based on population
density) located in Anchorage, Alaska. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

L St / W 15th Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom)
single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate
is occupied by a mixture of owners and renters. Many of the residences in the L St / W 15th Ave neighborhood
are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

L St / W 15th Ave has a 13.5% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
69.3% of American neighborhoods). Most vacant housing here
is vacant year round. This could either signal that there is weak demand
for real estate in the neighborhood or that large amount of new housing has
been built and not yet occupied. Either way, if you live here, you may find
many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.

Notable & Unique: Real Estate

L St / W 15th Ave is a neighborhood that is on the ocean, a bay, or inlet.
Many times, such places have amenities that bring locals and visitors to the
waterfront for recreational activities or to check out the scenery.
In some densely populated areas that are less financially well-off, the neighborhood
waterfront can be relatively industrial and less open to recreation.
In addition to being coastal, L St / W 15th Ave is a very nautical neighborhood,
meaning that it is somewhat historic, walkable, densely populated and
on the water. This gives the neighborhood a very nautical feel,
with some seaside and shipping feel, which some may really enjoy the sights
and sounds of.

Notable & Unique: Diversity

Did you know that the L St / W 15th Ave neighborhood has more
Lebanese and Native American ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.6% of
this neighborhood's residents have Lebanese ancestry and 5.4% have Native American ancestry.

L St / W 15th Ave is also pretty special linguistically. Significantly, 2.6% of its residents five years old and above primarily
speak German at home. While this may seem like a small percentage, it is higher
than 98.7% of the neighborhoods in America.

Notable & Unique: Modes of Transportation

Would you like to be able to ride your bike to work? If you are attracted
to the idea of getting a little exercise of the two-wheeled type while
reducing your carbon footprint, bicycling to work might be the answer.
But which neighborhood you live in can make this either impossible, or
alternatively, a great and realistic option. NeighborhoodScout's analysis
revealed that the L St / W 15th Ave neighborhood is a fantastic
option for bicycle commuters, as 5.8% of commuters here do ride
their bikes to and from work on a daily basis. This is a higher amount
than we found in 98.1% of the neighborhoods in America.

Also, in the L St / W 15th Ave neighborhood, walking to work is a real
option for many. In fact, NeighborhoodScout's exclusive research reveals
walking to and from work is the chosen way to commute for 12.2%
of residents here. This is a higher proportion of walking commuters than
we found in 95.2% of American neighborhoods. Get ready
to put on your walking shoes if you move here!

Notable & Unique: People

The L St / W 15th Ave neighborhood is considered a solid choice
for executive lifestyles. NeighborhoodScout's analysis ranks it as
better than 92.2% of Alaska neighborhoods
for executive living, based on the wealthy, educated professionals,
executives, and managers who choose to reside here, the spacious homes
that are prominent features of the real estate in the neighborhood,
and the high real estate appreciation rates found here relative to
other neighborhoods in the state.
In addition to being an excellent choice for highly educated executives, this
neighborhood is also a very good choice for active retirees.

The Neighbors

The Neighbors: Income

There are two complementary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.

The neighbors in the L St / W 15th Ave neighborhood in Anchorage are wealthy, making it among the 15% highest income neighborhoods in America.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 86.2% of the neighborhoods in America.
In addition, 2.0% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 86.8%
of America's neighborhoods.

The Neighbors: Occupations

A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the sheer diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.

In the L St / W 15th Ave neighborhood, 52.5% of the working population is employed in
executive, management, and professional occupations.
The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 19.5% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(16.3%), and 11.7% in clerical, assistant, and tech support occupations.

The Neighbors: Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.

In the L St / W 15th Ave neighborhood in Anchorage, AK, residents
most commonly identify their ethnicity or ancestry as German (15.0%).
There are also a number of people of Irish
ancestry (12.2%), and residents who report English roots
(11.4%), and some of the residents are also of Native American
ancestry (5.4%), along with some Norwegian ancestry residents
(4.4%), among others.

The Neighbors: Languages

The languages spoken by people in this neighborhood are diverse. These are
tabulated as the languages people preferentially speak when they are
at home with their families.
The most common language spoken in the L St / W 15th Ave
neighborhood is English, spoken by 86.9% of households. Other important languages spoken here include Spanish and German.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in L St / W 15th Ave neighborhood spend
between 15 and 30 minutes commuting one-way to work (49.1% of working
residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.6%) drive alone in a private automobile to get to work.
In addition, quite a number also hop out the door and walk to work to get to work (12.2%) and 6.6% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.

* Depending on where you live in the neighborhood, your children may attend certain schools from the above list and not others. In some cases, districts allow students to attend schools anywhere in the district. Always check with your local school department to determine which schools your children may attend based on your specific address and your child's grade-level.

Crimes Per Square Mile

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